DOGE$0.1062 traders are taking risks, sending the token’s price sharply higher, even as the rally in market leader bitcoin BTC$75,735.40 stalls. It’s evident in the futures market where open interest in DOGE futures has risen to 15.36 billion tokens, the highest level this year, according to Coinglass. Open interest (OI) refers to the number of…
Ouch. That is how Holger Zschaeptiz, one of the most widely followed macro commentators on X, reacted after the yield on the 30-year U.S. Treasury note (government bond) rose to 5% early today, hitting the highest since July 2025. This level has been tested only twice over the past two decades. His reaction also sums…
The Iran war premium is back, and crypto is paying for it. Bitcoin slid 2.1% over the past 24 hours to $75,633 in Asian hours Thursday, down 3% on the week, as Brent crude jumped 7.1% to $126.41 a barrel — the highest intraday level in four years — on an Axios report that President…
As fully expected by markets, the U.S. Federal Reserve held its benchmark fed funds rate range steady at 3.50%-3.75% on Wednesday, marking the fourth straight meeting without a change as officials weigh persistent inflation risks against signs of slowing economic growth. “In considering the extent and timing of additional adjustments to the target range for…
The latest holding pattern for the bill to fully insert the crypto sector into the U.S. financial system was centered on Senator Thom Tillis’ request that bankers get more time to negotiate the Digital Asset Market Clarity Act’s approach on the contentious topic of stablecoin rewards. That may be over. Tillis told reporters on Wednesday…
For a decade, the crypto industry has gathered at Consensus to discuss what was coming next. This year, something different is happening. The future has started arriving. Real-world assets are being minted onchain. Stablecoins are quietly becoming the connective tissue of global commerce. Prediction markets are turning probability into a tradable asset class. The institutions…
Meta (META), the social media giant behind Facebook and Instagram, has started to offer stablecoin payout to creators, signaling a return to crypto-powered payments years after shelving its Libra project. The feature is currently available to a limited group of creators in Colombia and the Philippines, according to a Meta website. Eligible users can link…
Current Federal Reserve chair Jerome Powell will continue to stay on the central bank’s board as Governor after his term ends in May. Speaking at a press conference following the central bank’s decision to hold interest rates steady at 3.5%-3.75% on Wednesday, Powell voiced concerns about the legal action against the central bank, saying it…
The shares of Twenty One Capital (XXI), the bitcoin-focused firm, are up over 8% in after-hours trading on Wednesday, after majority shareholder Tether Investments proposed a merger with Strike and Elektron Energy. Tether Investment, the independent investment arm of the stablecoin issuer, said it intends to vote its shares in favor of combining XXI with…
Four of the Magnificent Seven (Mag 7) tech giants are still on track to meet their massive artificial intelligence (AI) spending targets this year, according to their earnings report. The companies that have reported quarterly earnings post-market on Wednesday are Microsoft (MSFT), Alphabet (GOOG), Meta (META) and Amazon (AMZ), with a combined market cap of…
